Insiders get rich on IPOs, masses lose

May 9, 2014
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FILE - In this April 30, 2014 file photo, trader Steven Kaplan, right, works at the post that handles Twitter, on the floor of the New York Stock Exchange. Twitter, which peaked at $74.73 late last year, is down more than half from its peak, including a plunge Tuesday, May 6, 2014 after company insiders were allowed to sell stock for the first time since its IPO. (AP Photo/File) ORG XMIT: NYBZ138 / AP